Enphase Energy Expands Battery Storage in Belgium
Enphase Energy (NASDAQ: ENPH) reports a surge in deployments of its Energy System in Belgium, driven by the successful launch of the IQ Battery. The country, noted for its leadership in home battery adoption and high energy prices, has seen installers utilizing Enphase technology to enhance energy independence for homeowners. The IQ Batteries employ advanced Lithium Iron Phosphate chemistry, ensuring safety and long cycle life. Enphase's plans include expanding product availability across Europe. The company has shipped over 42 million microinverters globally, solidifying its market position.
- Significant increase in deployments of the Enphase Energy System in Belgium, benefiting from high local energy prices.
- Successful launch of the IQ Battery enhances energy independence for consumers.
- Utilization of Lithium Iron Phosphate battery chemistry ensures safer operation and long life.
- Plans for further expansion of product availability in European markets.
- None.
FREMONT, Calif., March 07, 2022 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today that Enphase installers in Belgium have seen a growing number of deployments of the Enphase® Energy System, powered by IQ™ Microinverters and IQ™ Batteries, following the launch of the IQ Battery in Belgium last year.
Belgium is a leader in driving home battery adoption. It was among the first countries globally to offer subsidies for home battery systems as energy consumers paid high energy prices and received low value for exporting excess solar energy. The Enphase Energy System provides an all-in-one solution with its IQ Batteries and IQ Microinverters that allows homeowners to store their energy for later use and avoid relying on expensive energy from the grid.
“Belgium recorded exceptionally high power prices in 2021 which pushed homeowners to look for innovative ways to save money on their energy bills,” said Kristof Lassaut, chief executive officer at K.L. Electro, an Enphase Platinum level installer. “We’re proud to partner with Enphase to offer our customers some of the best technology available, giving them more energy independence and an exceptional customer experience from start to finish.”
“As a solar installer, superior customer experience is a key part of our own business success and critical to advancing the widespread adoption of more sustainable, smarter home energy solutions,” said Wiet Vande Velde, chief commercial officer at EnergyKing, an Enphase Silver level installer. “Together with Enphase, we are delivering our customers cutting-edge hardware and software that enables homeowners to get the most out of their home energy systems.”
Enphase delivers a safer solar-plus-battery solution which does not expose installers or homeowners to high-voltage DC. The Enphase IQ Batteries feature Lithium Iron Phosphate (LFP) battery chemistry, which provides a long cycle life and safer operation through excellent thermal stability. Enphase IQ Batteries accommodate over-the-air software upgrades and come with a 10-year limited warranty.
“Belgium is looking at solar energy as a reliable, affordable, and clean resource to help it become more energy independent,” said Erik Mosselmans, chief executive officer at EMSolar, an Enphase Silver level installer. “We’re working with Enphase to give people the power to produce, store, and use their own clean energy whenever they want. The Enphase Energy System will give our customers the ability to better manage their electricity bills, while also helping to advance renewable energy in Belgium.”
“We’re pleased to see the uptick in Enphase Energy System deployments across Belgium, thanks to an excellent network of installers,” said Dave Ranhoff, chief commercial officer at Enphase. “Homeowners are looking for more energy independence. The Enphase Energy System, powered by IQ Batteries and IQ Microinverters, enables homeowners to power their lives with their own clean energy from the sun, day or night.”
Enphase plans to further expand the IQ Battery product availability in the European market. It is currently available to customers in Belgium, Germany, and North America. For more information about Enphase in Belgium, please visit the Enphase website.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power—and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped more than 42 million microinverters, and approximately 1.9 million Enphase-based systems have been deployed in more than 130 countries. For more information, visit https://www.enphase.com and follow the company on Facebook, LinkedIn and Twitter.
© 2022 Enphase Energy, Inc. All rights reserved. Enphase, the "e" logo, IQ, and certain other names and marks are registered trademarks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.
Forward-Looking Statements
This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality and reliability; the availability and market adoption of our products; market growth; increased deployments; and the performance by our installation partners. These forward-looking statements are based on Enphase’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of certain risks and uncertainties, including those risks described in more detail in Enphase’s most recent Annual Report on Form 10-K and other documents on file with the SEC and available on the SEC’s website at www.sec.gov. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations, except as required by law.
Contact:
Enphase Energy
press@enphaseenergy.com
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